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Form 8-K · Current Report · Filed 2024-02-06

ON Semiconductor Announces Departure of Senior Vice President

ON Semiconductor Corporation announced on February 6, 2024, that Ross Jatou, Senior Vice President and General Manager of the Intelligent Sensing Group, has resigned from all positions effective on or about February 22, 2024.

Filer
On Semiconductor Corporation ON · NASDAQ
Filed
Accession
0001193125-24-025335
CIK
0001097864
Signal
High impactTechnology

Details

Jatou intends to pursue other employment opportunities, and his resignation is not due to any disagreements with the company.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Departure

Market reaction

Close before filing

$77.59

Next session

-0.8%

Since filing

+5.2%

Latest close

$81.61

What happened, not what will happen — closing prices around the filing date.

About On Semiconductor Corporation

On Semiconductor Corporation, commonly known as onsemi, is a leading semiconductor supplier focused on complete intelligent sensing and energy-efficient solutions. The company provides innovative and reliable products that improve energy efficiency and enable the latest green technologies. onsemi's portfolio includes power management, analog, sensors, connectivity, custom, and system-on-chip (SoC) solutions. It serves a variety of markets, such as automotive, industrial, communications, and consumer electronics. The primary function of onsemi is to enhance the performance and efficiency of electronic products used in everyday life and in critical applications ranging from smart grids to advanced driver-assistance systems (ADAS). With a strong emphasis on research and development, onsemi is dedicated to driving advancements in technology that facilitate cleaner energy consumption and smarter electronic systems. Within the financial markets, onsemi plays a significant role given its strategic position in key growth sectors like electric vehicles and smart infrastructure. By leveraging cutting-edge technologies, the corporation continually contributes to the advancement of semiconductor technologies, reinforcing its relevance as a pivotal entity in the evolving landscape of global electronics and electrification initiatives.

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